Joint stock company


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Joint stock company

A form of business organization that falls between a corporation and a partnership. The company sells stock, and its shareholders are free to sell their stock, but shareholders are liable for all debts of the company.

Joint Stock Company

A company that issues stock and requires shareholders to be held liable for the company's debt. In other words, a joint stock company combines features of a general partnership, in which owners of a company split profits and liabilities, and a publicly-traded company, which issues stock that shareholders are able to buy and sell on an exchange. See also: Publicly-traded partnership.
References in periodicals archive ?
According to Article 85, paragraph 1 of the Companies Act passed in 1989, a joint stock company is defined as a company that raises funds for its establishment and operation by issuing shares.
* A joint stock company is such a company whose equity is pre-determined and divided into equal parts-transferable shares
Assigning the General Department of Customs to assume the prime responsibility and coordinate with the General Department of Taxation and concerned units in reviewing the state management of the import of products manufactured in other countries but labeled with Vietnamese origin for sale Vietnam market; The General Department of Taxation reviews reports on tax administration and other relevant contents for Asanzo Electronics Joint Stock Company and sends them to the General Department of Customs before July 10, 2019 .
Major organization : OPEN JOINT STOCK COMPANY MINSK AUTOMOBILE PLANT - THE MANAGEMENT COMPANY OF THE HOLDING BELAVTOMAZ
Contractor name : JOINT VENTURE OF DUC GIANG TRADE AND INVESTMENT JOINT STOCK COMPANY AND DAI TAM SON JOINT STOCK COMPANY (2300327313 - DAI TAM SON JOINT STOCK COMPANY, 0105816726 - DUC GIANG TRADING AND INVESTMENT JOI
1) Joint Stock Company Country Bid price(Won): 19,559,620
Request for quotations : provision of services for the annual audit of financial (accounting) statements of an open joint stock company
Address : Open Joint Stock Company Belenergosnabkomplektbelarus, Minsk, 220030, Ul.
Request for quotations : open joint stock company belarusian metallurgical plant management company of the holding belarusian metallurgical company
Major organization : OPEN JOINT STOCK COMPANY BELARUSIAN METALLURGICAL PLANT MANAGEMENT COMPANY OF THE HOLDING BELARUSIAN METALLURGICAL COMPANY

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